Federated Department Stores Inc.

News & Analysis

federated department stores inc. and sales and stern - All News and Analysis

• Federated 2002 Earnings Achieve Forecasted Levels; Company Raises EPS Guidance for Fiscal 2003

  - 2003-02-25

  Business Editors CINCINNATI--BUSINESS WIRE--Feb. 25, 2003 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported fourth quarter and fiscal 2002 results for the year ended February 1, 2003 that were consistent with the company's prior earnings guidance. Diluted earnings per share from continuing operations were $1.99 for the fourth...

  Tags: asset, Federated Department Stores Inc., FINANCE, income, Macy, SALES, Stern

• Federated Reports Fiscal 4Q Earnings At High End of Expectations; Company Raises EPS Guidance for Fiscal 2002

  - 2002-02-26

  Business Editors CINCINNATI--BUSINESS WIRE--Feb. 26, 2002 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported fourth quarter and fiscal 2001 results for the year ended February 2, 2002. Diluted earnings per share from continuing operations were $1.90 for the fourth quarter and $3.03 for the year, before an extraordinary...

  Tags: asset, earnings, Federated Department Stores Inc., FINANCE, income, Macy, SALES, Stern

• Federated Reports Second Quarter E.P.S. of 43 Cents

  - 2001-08-15

  Business Editors CINCINNATI--BUSINESS WIRE--Aug. 15, 2001 Federated Department Stores, Inc. (NYSE:FD)(PCX:FD) today reported net income of $110 million for the second quarter of 2001, an increase of 72 percent over net income of $63 million for the same period last year. Federated's diluted earnings per share in...

  Tags: allowance, Federated Department Stores Inc., FINANCE, income, SALES, Stern

• Federated 1Q E.P.S. Meets Expectations

  - 2001-05-16

  Business Editors CINCINNATI--BUSINESS WIRE--May 16, 2001 For the fiscal first quarter, Federated Department Stores, Inc. (NYSE:FD) today reported diluted earnings per share of 42 cents, excluding restructuring charges relating to the closing of its Stern's department store division. This compares to diluted earnings per share of 41 cents...

  Tags: allowance, Federated Department Stores Inc., income, SALES, Stern

• Two Asbury Park, N.J.-Area Department Stores To Shut Down.

  - 2001-05-08

  By William Conroy, Asbury Park Press, N.J. Knight Ridder/Tribune Business News May 8--Going-out-of-business sales are scheduled to start next week at two area Stern's stores -- at the Monmouth Mall in Eatontown and the Ocean County Mall in Dover Township. The stores...

  Tags: Federated Department Stores Inc., FINANCE, Investment, Macy, SALES, Stern

• Federated Makes Management Moves; Creates New Group President Position, Responsible for Regional Department Stores

  - 2001-02-27

  Business Editors CINCINNATI--BUSINESS WIRE--Feb. 27, 2001 Federated Department Stores, Inc. (NYSE:FD) today announced a series of management moves in the company's important department store segment. James M. Zimmerman, Federated's chairman and chief executive officer, said the following appointments would take effect April 1:-- Susan Kronick, 49, chairman of...

  Tags: CAREER, East, Federated Department Stores Inc., Macy, president, SALES, Stern

• 134-YEAR-OLD STERN'S TO DISAPPEAR; FEDERATED CLOSING FIVE UNITS, CONVERTING REST TO MACY'S OR BLOOMINGDALE'S.

  - 2001-02-09

  NEW YORK -- After a 134-year run, the Stern's department store chain is history. On Thursday, Federated Department Stores Inc. announced that it will close the Paramus, N.J.-based division and convert 19 of its 24 locations in New York and New...

  Tags: Branding, Federated Department Stores Inc., Macy, MARKETING, SALES, Stern

• Stern's to Close Two Former A&S Locations in March

  - 2000-09-19

  Business Editors CINCINNATI--BUSINESS WIRE--Sept. 19, 2000 Federated Department Stores, Inc. announced today that it intends to close the Stern's store at 33rd Street in New York City and the store at Nanuet Mall in Rockland County, NJ, by March 2001 as the result of continuing difficulties in making...

  Tags: Federated Department Stores Inc., SALES, Stern

• Federated Announces Plans for Stern's

  - 1999-10-19

  CINCINNATI--BUSINESS WIRE--Oct. 19, 1999-- Federated Department Stores, Inc. today announced plans to further strengthen the New York presence of its Stern's department store group. Included in the announcement is the opening of a new Stern's store in Atlantic Center in Brooklyn in November, the closing and transfer of employees...

  Tags: Federated Department Stores Inc., Macy, MARKETING, SALES, SOFTWARE, Stern

• Federated announces culmination of A&S consolidation with final Macy's/Stern's expansion

  - 1995-04-04

  CINCINNATI--BUSINESS WIRE--April 4, 1995--Federated Department Stores, Inc. announced today its plans to open a Macy's in the present A&S store location in Queens Center, and to convert the Macy's store at Rego Park to a Stern's.Effective April 30, both locations will take on their new store nameplates, a move that...

  Tags: Cincinnati, consolidation, Federated Department Stores Inc., Macy, MARKETING, nameplate, SALES, Stern